Housing exec Peter Benson appointed Senior Vice President at Koelbel

Veteran Denver housing executive Peter Benson, who has cultivated new products and land acquisitions for a variety of prominent Colorado homebuilding and resort ventures over the past two decades, has been appointed Senior Vice President at venerable Denver-based developer Koelbel and Company.

Peter Benson, Senior Vice President, Koelbel and Company

“This is an experienced professional who’s a perfect fit with this company’s storied history and with where we’re headed in the coming decade,” said Walter ‘Buz’ Koelbel, Jr., President and CEO of Koelbel and Company, in announcing Benson’s appointment. more »

Pathfinder Partners, Bruckal Properties, give jet-age update to ’60s apt tower

San Diego-based Pathfinder Partners, LLC, and Canadian-based Bruckal Properties, Inc., specialists in commercial acquisitions and asset management, have given a $1.7 million makeover to a landmark mid-century modern apartment tower on S. Colorado Boulevard between Colorado Center and University Hills Shopping Center. The Wellshire, a 12-story apartment at 2499 S. Colorado, was created in 1962 when its steel/concrete architecture was trend-setting, but had subsequently lost that luster over following decades.

Wellshire’s bold makeover in colors reminiscent of its jet-age design.

Now Wellshire once again has the jet-age flair of its maiden flight – detailed in a period palette of iridescent reds-over-sea-greys and greens – colors that buyers and renters see in some trendy loft projects in the urban core. more »

Economic Symposium 2012 features economist Patty Silverstein, broker-analyst Jack O’Connor

By Mark Samuelson

With Denver’s market showing fresh signs of a turnaround, The Denver 100 Real Estate is staging Economic Symposium 2012, to be held at Colorado Golf Club, 7:30 a.m. April 17, featuring nationally known economist Patty Silverstein and market analyst Jack O’Connor, Broker Owner of The Denver 100.

Economist Patty Silverstein

Economist Patty Silverstein

Admission, including a continental breakfast, is free and is limited to 100 attendees. more »

Five blocks up Blake from Coors Field, 11 brownstones with garages, rooftop decks, back on market at a steep discount

By Mark Samuelson

Even in trendy areas around Coors Field, builders overbuilt the LoDo market with condos and townhouses in 2008-09, and plenty of units would head back to the bank. But now, after a year that saw huge absorption, much of that Ballpark product is gone – meaning that 11 “urban brownstones” that developer Craft DeLay took back from the bank, each re-opening for sales tomorrow on Blake five blocks from the ballpark, with a 2-car attached garage and a rooftop deck – are stepping into a very different market.

Blake 27 Fri 2-24-12 Interior of 3-bedroom urban brownstone you can tour. Craft DeLay has eleven homes coming back on the market five blocks from Coors Field, all with 2-car attached garages and rooftop decks, all substantially reduced.

Prices for those 2-bedroom and 3-bedroom brownstones at Blake 27 now begin at $310,000…and top out at $508,000 for a couple of premium end units that have windows on three sides. When Craft DeLay began negotiations to get hold of Blake 27 from the original developer, the very least expensive was $477,800 and the top-priced unit was at $835,000. more »